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MACDdirection

Momentumdirection

Weighted M.A.direction

Thu, 17 Jan 2019 14:38:35 +0200
30 Minutes
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USD/CAD

 

ENTRY 1.33080 TARGETS 1.33218 1.33286 1.33424 1.33596 STOP LOSS 1.32736

 

Scenario 1

The Loonie is currently trading between 1.33080 and 1.32736, after bouncing up from the key support level at 1.32736.  A successful penetration of the swing level at 1.33080 will open the way to the take-profit levels at 1.33218 and 1.33286 respectively.  A protective stop loss at 1.32736 is strongly recommended.

Scenario 2

Should the pair manage to breach below the support at 1.32736, it will eliminate the bullish scenario, generating a sell signal.